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Official news from the Office of the Governor
May 16, 2025

$25 Billion Housing Plan Ahead of Schedule

Since Governor Hochul took office in 2021, a total of 350,000 housing units statewide have been built, preserved or are under construction, including 60,000 affordable homes.

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La gobernadora Kathy Hochul y el líder de la mayoría del Senado de EE. UU., Charles E. Schumer, anunciaron hoy la finalización de la adquisición por parte del renombrado fabricante de ropa Tom James Company de la antigua planta de fabricación de Hickey Freeman, de 112 años de antigüedad, que orgullosamente será reconocida y etiquetada como Rochester Tailored Clothing.

Earlier, Governor Hochul announced that $200 million in funding is available through the State's two signature downtown revitalization and economic development programs — $100 million each for Round 7 of the Downtown Revitalization Initiative and Round 2 of the NY Forward program, which focuses on revitalizing smaller and rural downtowns.

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